5025 Lotus Street

San Diego, CA 92107

$1,790,000
Price
3
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Ocean Beach Triplex with AMPLE parking. This 3 unit property is located just 1 block from the water and positioned to become your dream rental property. Situated on just over 5,000 sq ft there is a lot to work with. This beautifully maintained property is ready to become yours with little to no upgrades needed at all. Looking for additional cash flow opportunities? Check out the Feasibility study attached for converting the garage into an additional unit via the ADU regulations here in San Diego....Ocean Beach Triplex with AMPLE parking. This 3 unit property is located just 1 block from the water and positioned to become your dream rental property. Situated on just over 5,000 sq ft there is a lot to work with. This beautifully maintained property is ready to become yours with little to no upgrades needed at all. Looking for additional cash flow opportunities? Check out the Feasibility study attached for converting the garage into an additional unit via the ADU regulations here in San Diego. Not only create the income but still have parking available for all your units on site. Seeking even higher returns? Grab one of the 800+ Short Term Rental permits availabe and create even greater cash flow here in Coastal San Diego. Pride of ownership abounds throughout the property and getting a Tri-plex like this is a once in a blue moon opportunity! Don't miss out!
  1. Listed by Andrew T Greer • DRE #01935052 • Brokerage DRE #02022092 • Real Broker

Property Details for 5025 Lotus Street

Area
Ocean Beach (92107)
Neighborhood
Ocean Beach
Community
OCEAN BEACH
City Postal ID
OCEAN BEACH (92107)
Cross Street(s)
Bacon

Location

Listing Courtesy of Real Broker, Andrew T Greer, DRE #01935052
Add your commute
LISTING UPDATED: 05/16/2024 03:14 PM

Property Details for 5025 Lotus Street

StatusActive
MLS #240010352
Days on Market13
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1945
Lot Size0.12 AC / 5,227 SF
CountySan Diego County

Location

Listing Courtesy of Real Broker, Andrew T Greer, DRE #01935052
Add your commute

Building Information for 5025 Lotus Street

Stories2Residences-Year Built1945Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$10,834 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,769

Property Taxes

$1,065

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5025 Lotus Street

Summary Information
Property and Location
  • System ID: 240010352
  • Class: 2-4 UNITS
  • Levels: 2 Story
  • Year Built: 1945
  • Street Number Numeric: 5025
  • Street Name: Lotus St
  • Map Coordinates: 1267J5
  • Age Restrictions: N/K
  • Market Area: Coastal South
HOA and Fees
  • Monthly Total Fees: $0
  • CFD/Mello-Roos Fee: $0
  • Other Fees: $0
Interior and Exterior Features
Interior Features
  • Num of Units w/Dishwashers: 1
  • Num of Units w/Cooling: 0
  • Cooling: See Remarks
Exterior Features
  • Exterior: Wood/Stucco
  • Roof: Composition
  • Fencing: Full
  • Security: N/K
Property Information
Property and Assessments
  • Total Stories: 2
  • Entry Only: No
  • Lot Size: 4,000-7,499 SF
  • Lot Size Source: Assessor Record
  • Zoning: R-4:MULTIP
  • Complex/Park: N
  • Assessors Parcel Num: 448-133-09-00
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 5025
  • Unit 1 Num of Bedrooms: 1
  • Unit 1 Num of Total Baths: 1
  • Unit 1 Deposit: $1,600
  • Unit 1 Exclusive Use Yard: Yes
  • Unit 1 Laundry Hook Ups: Yes
  • Unit 1 Occupied: Tenant
  • Unit 1 Prkng Garage Space: 1
  • Unit 1 Projected Rent: $3,600
  • Unit 1 Rent Actual: $2,600
Unit 2
  • Unit Num for Unit 2: 5025 1/2
  • Unit 2 Num of Bedrooms: 1
  • Unit 2 Num of Total Baths: 1
  • Unit 2 Deposit: $0
  • Unit 2 Exclusive Use Yard: Yes
  • Unit 2 Laundry Hook Ups: No
  • Unit 2 Occupied: Tenant
  • Unit 2 Prkng Garage Space: 0
  • Unit 2 Projected Rent: $2,950
  • Unit 2 Rent Actual: $2,150
Unit 3
  • Unit Num for Unit 3: 5025 1/2A
  • Unit 3 Num of Bedrooms: 1
  • Unit 3 Num of Total Baths: 1
  • Unit 3 Deposit: $3,495
  • Unit 3 Exclusive Use Yard: No
  • Unit 3 Laundry Hook Ups: Yes
  • Unit 3 Occupied: Tenant
  • Unit 3 Prkng Garage Space: 0
  • Unit 3 Projected Rent: $3,100
  • Unit 3 Rent Actual: $2,995
Unit 4
  • Unit 4 Num of Total Baths: 0

Property History for 5025 Lotus Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5025 Lotus Street

Taxable ValueLand$936,360Additions$104,040Total$1,040,400
Tax Record2023$12,785 ($1,065 / month)
Home Facts
Total Finished SqFt1,524 SqFtAbove Grade Finished SqFt1,524 SqFtLot Size5,007 SqFtStyleMulti-Family Dwelling (2-4)Year Built1945ZoningR-4:MULTIPLECountySAN DIEGOAPN448-133-09-00

Schools near 5025 Lotus Street

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Ocean Beach Elementary School
PublicK to 4

Dana
Public5 to 6

Correia Middle School
Public7 to 8

Point Loma High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5025 Lotus Street is a multi-family home for sale in San Diego, CA 92107. This property was listed for sale on May 9, 2024 by Real Broker, it's currently listed at $1,790,000. It has been on the market for a total of 13 days and was last sold on May 5, 2015. This listing's school district is San Diego Unified School District. Nearby schools include Ocean Beach Elementary School, Dana and Correia Middle School. 5025 Lotus Street is a 3-bed, 3-bath, multi-family home built in 1945.

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Listing Courtesy of Real Broker, Andrew T Greer, DRE #01935052

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